The Coyotes are wise to spend on Ekman-Larsson. He’s a captain candidate and has been arguably their best player over their past three seasons. During that time, OEL leads the Coyotes in points and goals. He’s also second in assists to Max Domi. This signifies Arizona is ready to spend to keep one of the best players they’ve ever had. That’s a significant step forward for the franchise.

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In Arizona, the Coyotes are attempting to secure their long-term future in the state. Signing Ekman-Larsson helps them accomplish this goal. Even after they sign him, they’ll likely have enough cap space to make another splash if they choose.